# Openledger Token

<kbd>*<mark style="color:red;">**WIP - Subject to change**</mark>*</kbd>

**Key Utilities**<br>

1\. Governance & Decision-Making

• OPEN holders govern the OpenLedger ecosystem, voting on model funding, AI agent regulations, network upgrades, and treasury management.

• Delegated governance mechanisms allow users to assign voting power to trusted representatives.

2\. Transaction Fees & Gas Payments

• OPEN serves as the native gas token for transactions on OpenLedger’s Layer 2 (L2) network.

• Reduces reliance on ETH, enabling customized gas fee models tailored to AI applications.

3\. Incentives & Attribution Rewards

• Data contributors, AI developers, and validators earn OPEN based on attribution impact and model engagement.

• Token rewards are weighted based on data quality, model utility, and ecosystem contribution.

**4.Bridging Between L1 & L2**

• OPEN can be bridged between OpenLedger (L2) and Ethereum (L1) using the OpenLedger Bridge.

• Ensures cross-chain compatibility for AI-powered dApps and decentralized AI models.

5\. **AI Agent Staking**

• AI agents require staking to operate, ensuring performance accountability.

• Stake can be slashed if the agent underperforms or engages in malicious activity.

• Encourages high-quality AI agent participation by rewarding efficient and useful AI services.

&#x20;**Why Openledger Token Matters?**

• Powers AI agent staking, ensuring reliable and secure AI services.

• Serves as the economic layer for AI and data contributors in OpenLedger.

• Provides Web3-native AI incentives, ensuring long-term sustainability in AI innovation.

<br>

Through staking, governance, gas fees, liquidity provisioning, and incentivization, OPEN fuels the next-generation AI economy within OpenLedger. \ <br>


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